Established Gaming Parlor, Restaurant, and Bar for Sale in Sandwich, IL
Financial Details
- Asking Price:
- $45,000
- Profit Metric:
- Cash Flow (SDE)
- Location:
- Sandwich, IL, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Description
This is an opportunity to acquire an established gaming parlor, restaurant, and bar located in Sandwich, IL, operating since 2010. The business currently functions as a Puerto Rican restaurant but offers flexibility for a new owner to implement their preferred concept. It features 6 gaming machines under a contract with Lattner Gaming (3 years remaining) and includes a full bar setup. The seller notes that the real estate is owned. The asking price is set low at $45,000, which the seller attributes to 2025 financial performance being less than half of previous years. With 6 employees currently on staff, the business offers immediate growth potential by utilizing the bar area for weekly events like karaoke or bingo. Two weeks of training will be provided.
Industry Information
- Industry Description:
- This business operates as a combination of an established gaming parlor, restaurant (currently Puerto Rican cuisine), and bar.
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2010
- Employees:
- 6
- Reason for Selling:
- Not able to manage the business due to other commitments.
Real Estate & Lease
- Status:
- Owned
Broker Contact
- Name:
- Varun Malhotra
- Phone:
- 815-293-7047
Listing Details
- Listing ID:
- 970aba6c-1a67-48f3-882a-c3859df71842
- Source Listing ID:
- 2384225
- Deal Status:
- For Sale
- Last Updated:
- November 05, 2025
- Currency:
- USD